An additional $20 billion of taxpayer money is set to be given to Citigroup in an effort to prevent the banking giant from collapsing.
Kansas attorney general Steve Six has said that 17 pharmaceutical companies will be added to an existing lawsuit that claims firms illegally inflated drug costs at the expense of the state’s Medicaid program.
The number of people newly registering for unemployment benefits reached its highest level in the past 16 years last week, according to figures from the Labor Department.
As the economic downturn continues to challenge the savings plans of millions of retirees, the government is considering changing the rules governing retirement account withdrawals.
The concept of obligating every American to purchase health insurance coverage is unsound and is likely to lead to abuse by the insurance industry, a consumer group has said.
Former Massachusetts Governor Mitt Romney has warned against bailing out Detroit automakers, recommending that the government let them go bankrupt instead.
Certain rules on health insurance enforced on a state level may lead to people paying more for coverage, the results of a new study suggest.
You may have already heard of the MRSA superbug, a drug-resistant bacteria that can lead to infection and even death.
The proportion of middle aged and older people who admit they are not confident they have enough money for retirement has risen, a new survey reveals.
With the average person footing the bill for the $700 billion bailout, taxpayers may be forgiven for feeling that bonuses for the heads of the largest financial services companies are not quite fair.